NOTE 9: SUBSEQUENT EVENTS

During January 2019, the Company raised a net $25,000 in financing from the issuance of related party convertible debt and $75,000 from a related party loan.

During February 2019, the Company raised a net $50,000 in financing from the issuance of related party convertible debt and $7,000 from a related party management loan, which was repaid in full in February 2019. The Company raised $210,000 from a related party loan which bears no interest and is payable on demand.

On February 25, 2019, the Company borrowed an aggregate of $300,000, net of an original issue discount of $15,000, under a convertible note payable. The convertible note payable bears interest at 6% per annum, matures on August 25, 2019 and is convertible at a 65% discount of the lowest closing bid price of the Company’s common stock during the 10 prior trading days.

During February 2019, the Company repaid a convertible note payable totaling $160,000 in full, including interest and prepayment penalties of $76,000, or a total of $236,000.

The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.